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this year. dell hopes china and india will drive revenue growth next year. it looks like we are up big on those earnings reports. good news there. dell enjoying nearly 8.5% higher. hank greenberg tells cnbc that there's no truth that he's leading a grew buyback for aig. aig rose 26% on tuesday on reports of reaching out to determine how to run the company. well, you can get more news, videos and blogs online at cnbc.com. ross. >> still to come on today's program, as well, deflation unemployment hit record highs in japan. we'll assess the likelihood of the land slide victory and what it means to investors. the u.s. economy that long 1% in the second quarter, unchanged from our initial estimates. from post party sickness syndrome? there's a revolutionary cure. it's called cascade all-in-one actionpacs. and it's like adding the ultimate button to your dishwasher. because it has the power to pre-wash... dissolve... and rinse the whole mess away. so in the morning your dishes will feel like new again. and so will you. cascade complete all-in-one actionpacs. >>> okay. we've got the global up
, india, china, other places that the rest of us will only read about in the next three to six months. >> one, the world economy, which we've seen bottom here is actually growing in some other parts of the world. so we're not tumbling into utter collapse. this is big news. both china and india, a lot of economic a econom economic activity. that's good. second thing i was really shocked by, we just saw, we got the new weather in the caribbean. we have a new el nino, which is a worldwide climate change, annual change. and what it means is because of what's happening in the pacific ocean, we got drought in india. so you say, what is drought in india? well, they produce sugar, they produce beans and other things that are now going to be down. world market prices are soaring for those things. so in this interconnected world, this climate stuff is bouncing all over the world when it hits. the third thing i saw is that everybody is trying to scramble right now. how are we going to get on to a long-term, really sustainable recovery? and that brings us to an event that people need to watch a l
employees are in india. >> the majority of our employees. >> how did you feel when president obama earlier this year talked about providing tax benefits for companies that provide jobs in boulder rather than bombay? >> look, i think that the critical thing to focus on here is how do we get the economies of the world around the world healthy most quickly. the quickest way to do that is to give companies in different parts of the world access to the best talent regardless where that talent is located around the world. there is tremendous talent available in the united states and we are active employers here in the united states. we have 12,000 people in the united states. but equally we've got talent around the world in india, in china, latin america. and we think the best way for to us help our clients be stronger businesses is by givinging you access to that global talent pool. >> state of economy, where are we when you look around the world in terms of whether or not we're going to finally recover here? >> i don't have a crystal ball on the economy. our planning assumption is that the eco
type that india is looking to purchase. >> reporter: and the same type that now functioned last year, killing 20 people onboard. eric wortham works for the naval institute and wrote a book on the world's combat ships. he said by sending subs to the east coast. >> they're showing our submar e submarines are still viable, our ships are powerful. and this is why you can still view russian weapons as something you can purchase. >> reporter: russian subs haven't been this close to the u.s. coast in over ten years. >> there's abeffon effort to pr force around the world. >> i tell you no one is alarmed by it because nobody is. >> reporter: this is about making money, not war. india used to buy planes from russia but inked a $2 billion for the seller of this aircraft, the seller, american company, boeing. >> russia is concerned that foreign customers are not looking to them anymore as a leader in the export market. >> these subs are in international rat waters and paf regular control. india is releasing two of the subs with the option to buy. joe, kiran. >> chris lawrence, thank you so much
in the middle of an unstable region. it is surrounded by iran and afghanistan and its rival, india. there are questions about who this new leader is. >> that's right, there are more than one dozen taliban factions in pakistan. one of them is this man. he was supposed to share power with another taliban faction leader. we understand from western and pakistani intelligence officials that he might have been killed by his rival. right now, western intelligence officials are trying to exploit the division in the taliban. >shepard: we are reporting that he wants to have some high- profile attacks. do we have any idea what or where? >> he has made a statement in recent days to say that president obama is their number one enemy. high-profile attacks like the marriott bombing, he is threatening attacks like this according to western intelligence officials. he wants to rally his followers. shepard: jennifer, thank you. the government reports that the cash for clunkers program generated nearly 700,000 car sales. the program offered rebates of up to $4,500 for consumers that traded in gas guzz
for that report. >> in india, ayesha faridi joins us live for the india business report. >> we participated in the global rally today. yesterday it clocked a new high for ourselves and the nifty clocked that or cruised past that 4,700 mark. today, the markets chose to consolidate. the biggest drav dragger is oil and gas heavyweight, which is why you're seeing the nifty break away and increase those values. tata motors is your biggest gainer for today, at almost 6.5% gains. there are also rumors in the market that they may get the loan guarantee approved for the government for bridge loan acquisition of land rover. besides that, most of the commodity stocks have been doing very well. you've got auto ancillary stocks looking very well. the monthly sales numbers that came out for auto stocks and infillry stocks are picking up in trade amid the mid and the small caps are holding up, as well. >>> elsewhere, we are looking at euro's biggest bank, hsbc, the company could soon be one of the first foreign companies to list in shanghai. reuters says it could raise up to $7.3 billion in a shanghai ipo
for the future. >> jean-marc boursier, thank you. thank you. >> in line with the rest of asia today, india is trading higher. we're joined now by ayesha faridi. thanks for that, maura. tale, it's been quite a choppy day. while it has struggled or tried not to hit the 4700 mark for the nifty, it isn't really being able to do that. it has made many attempts now for the trading session. all indices are in the green, but a big winner, indeed, or trade is indeed in force and the entire i.t. pack. clst is a brokerage which has been bearish on the entire i.t. space in india and is upgraded and it has upped the price target, as well. and they do also believe that they may beat fy '10 guidance and that is bringing volatility to the space, including in the midcap space. another stock in focus is united which is down by almost 2% in trade today. here is the news why. they have now called off stocks for diaggio sizing high evaluations and anti-trust issues as to why it was called off. it's a sentiment and a dampener with knee jerk reactions coming into it there. meantime, of course, we have a couple o
is rolling out it's high-end bikes in india next year. india is the big second biggest motorcycle market. >>> so the cash for clunkers program, the tally is in, almost 700,000 vehicles sold in the roughly two-and-a-half months this program was under way. yes, eight out of ten of the top ten vehicles sold were foreign-made. foreign brands. many of them built in the united states, though. but the success of this program, should it be expanded to other areas, cash for appliances, for example? firing off on the power grid, former clinton white house staffer david goodfriend, and gm berkman and associates. you know how it works. 20 seconds to make your case. jack, you probably don't even need 20 seconds to tell us why you don't think it should be expa expanded. >> carl marx said don't worry about america, they will spend themselves out of existence. i think he was right. we're diverting capital where it should not be. you've got an artificial industry with artificial jobs. now the government is stimulating artificial purchases within that artificial industry. we're reaching levels of absurdit
for at least several more days. india, seven of eight monkeys stolen from a zoo have been recovered. police getting them back by pretending to be black market smugglers telling the thieves they wanted to buy the animals. they're rare bra citizenion marmsets, sadly one of them died. mexico, michael jackson fans by the thousands coming together to celebrate the king of pop's birthday. the crowd claiming they broke the record for most people dancing to the song thriller. ormsers claim nearly 13,000 people participated and are now awaiting confirmation from folks at the guinness books ♪ thriller, thriller . >> that's a wrap on this fox trip around the world in 80 seconds. a dramatic rescue caught on tape as a city councilman suffers a heart attack on live tv. and that video is just ahead. also, an update on those wildfires raging out of control in california. we're showing you live pictures right now of that scene north of los angeles. thousands of people forced from their homes, told to evacuate as hundreds of firefighters struggle to contain eight separate fires. we'll speak with a congress
in northern india after a massive landslide slammed over three villages decimating two. at least 15 bodies have been pulled from the debris and many were swept into the river. weeks of heavy rain triggered these mudslides. >>> felicia is yow downgraded to a tropical storm but heading toward hawaii. >> fredricka, we have some concerns there for the hawaiian islands, especially for you traveling, whether you're going the airways, delays over the next couple of days. if you're heading to the beach, that could be problematic as the waves ahead of this system are already pounding the hawaiian coast. a lot of the beaches have been closed down for this afternoon. felicia is a tropical storm now. this was once a formidable hurricane, a category 4 at one time. it's great it's weakening and we think tm continue to do that. we have strong winds here, so wind shear is breaking down the storm a little bit as well. the farther west is goes, the cooler the water temperatures are. they're a little marginal to support a system like this. we think you'll feel the impacts in addition to the waves, some heavy
the economy, reduce the number of jobs, weaken the businesses, guarantee that china and india will outcompete us in of the world market and the only alternative to that is real change. you're not going to be able to get cleverly from here to a better future, as long as the system, whether it's at the state level or the federal level is dominated by structures of special interest, whose entire future is a function of bigger bureaucracies, more spending and higher taxes, so i hope i've at least made 18 nibble case that what we need is a dramatic level of change. what i would like to do is take a five minute break and come back for c-span, but i appreciate you giving us this much time to outline the initials, and then we'll start with questions right after the break. [applause] [inaudible conversations] [inaudible conversations] >> our liver coverage of this forum on the government budget process will continue in a moment. former house speaker newt gingrich will take questions from the audience an we'll continue our live coverage in just a moment. in the meantime, here's a conversation about the
to expand its capability to strike land targets. that is a potential threat to india, according to senior administration and congressional officials. meanwhile, there is a related store this morning on the front page of "the washington post," with this headline -- the u.s. says metrics to assess or success. -- war success. back to your calls come stan from oklahoma, is this the scary season for obama? caller: yes, it is. i think there is much to begin. as much as i was impressed with the personal tributes to senator kennedy yesterday from his family, particularly, i think there is something unseemly about the emphasis on health care bill. i know that he passionately wants to get something approved, but there is much work to be done. we cannot ignore the fact that the majority of american people do not approve of the health plan as it is now. host: let me read you something based on the republican radio address from a mike enzi. this is in both the washington post and the new york times. a republican member of the senate's gang of six healthcare negotiators sharply criticized democratic su
for a hearing. >>> harley davidson sunounci i e announcing plans to sell its motorcycles in india next year. they're hoping the middle class will trade in smaller, more inexpensive motorcycles for its hogs. >>> what's ahead on "fast money"? hi, rick. >> hi. the traders are going to be breaking down today. stock reversal. give you the plays for tomorrow. >>> plus, hey, we've got the latest from dell's conference call. and the traders and i, of course, are live at 5:00. >> i'll see you in five minutes, rick. thanks so much. >>> up next, several key events tomorrow could have an impact on trading. we'll break it down, what you need to know when the opening bell sounds on friday. some people buy a car based on the deal they get. others by the car of their dreams. during the lexus golden opportunity sales event, you can do both. special lease offers now available on the 2009 es 350. and you know what, it works. nutrisystem for men: flexible new programs personalized to meet your goals. what's great about nutrisystem is you eat the foods you love and you lose weight. i'm dan marino. i lost 22 pou
a recent trip to china and india and pointed out clearly that not only are those countries do okay, but in some ways they're thriving, growing at 5, 6, 7%, even as the u.s. economy retracts. and ultimately, this global meltdown could be a tipping point from both of those countries to truly standing on par in some real ways with the u.s. and europe. other interesting unintended consequences, as we heard the president of iran, ahmadinejad, say he was going to make fairly significant appointments of women to his cabinet, that was certainly not the expectation three to six months ago as the election in iran neared, certainly not as the chaos that ensued. but what's so interesting about the world, you never know exactly what's going to happen and some of the pushback that's happened in iran has led to that. and it led me to wonder, what will be the consequences or unintended consequences of this august recess? the obama administration feared the recess, thinking it would put a stop on health care reform. but what if this new strategy brings president obama out, ultimately liberates demo
? demand from growing countries like china and india? sophisticated financial speculators exploiting small changes in markets to make money? ali, the government now wants to rein in on excessive speculation in these important markets. >> the commodity futures trading commission which regulates the oil industry held hearings this week about speculation in the energy markets and to see whether new restrictions would need to be created. speculative traders have been blamed by some critics, as you said, christine, for causing the record runup in oil prices last summer. but it's important to realize that speculating, the "s" word is not necessarily a bad word. in fact, it happens all the time. you probably speculated whether you know it or not. let me show you a little about this. let's get that out of here, the "s" word. you want to buy a house. you are buying a house on the hope that it's going to go up in value. you are also going to live in that house. so it's a purchase. you're getting some use of that house. but you're speculating when you buy a house. that's on a personal level. airlines
paper. this really funny video from india. this is a cab driver who has perfected the art of driving backwards. he does this with every single person. he had a problem with his car. he returned from a party and there was a fault where the reverse gear was the only thing that worked. this is his primary source of income so the guy was like if i can only go backwards i better learn how to drive backwards. now he can go 50 miles an hour driving backwards. he renamed the car the back gear champian. just develop new skill. >> new york taxi drivers can't even drive front way. >> it's further evidence it's the year of the indian. >> it is. >> let's go to the u.k. where this is an interesting approach -- >> i'm going to eat it if no one else is. >> you know on amusement park rides and your arms go up and you go whoo-hoo, that's been banned at a specific theme park in the u.k. because of body odor. basically they're saying is going to get hot here, up to 84 degrees. managers expect -- she's sniffing her armpit, isn't she? >> it looks like say no to bo. i wouldn't have gotten it. >> they're sa
the same health care and food as boys. in india, for example, girls are less likely to be vaccinated that be boys and are take on the the hospital only when they are sicker. the girls in india from 1 to 5 years of age are 50% more likely to die than boys their age. in addition, ultra sound machines have allowed a pregnant woman to find out the sex of her own fetus and then get an abortion if it's female. the global statistics on the abuse of girls are numbing. it appears that more girls and women are now missing from the planet precisely because they are female than men were killed on the batting field in all of the wars of the 20th century. so with a new administration in power and with a female woman heading the state department, how should u.s. priorities on women's issues internationally change? guest: the secretary of state hillary clinton is doing a marvelous job of highlighting the issue of women's equality around the world. one thing that we need to do in this country is the united states senate needs to ratify the united nations women's convention, the convention on the elim
off for potential buyers. >> this particular submarine are the same type that india is looking to purchase. >> reporter: and the same type that malfunctioned last year killing 20 people on board. eric wertheim wrote a book on the world's combat ships. he says, by sending subs to the east coast. >> they are showing our submarines are still viable. our ships are still powerful and this is why you can still view russian weapons as something you can purchase. >> reporter: russian subs haven't been this close to the u.s. coast in over ten years. >> there is an effort to project force around the world. >> the pentagon says there is no threat. >> reporter: perhaps this move is about making money, not war. for example, india used to buy patrol planes from russia. just inked a $2 billion version for this aircraft. the seller, american company, boeing. >> russia is understandably concerned that foreign customers are not looking to them anymore as a leader in the export market for weapons. >> reporter: a russian general says that these sub s are sailig in international waters. the pentago
news is bullish. we forget in the crude oil market, it's china and malaysia and india and indonesia and it's asia that is now the real demand change in the energy market. we are becoming less and less important. we might be the largest user, but the greatest increases and change and rate of change in demand is going to come from there. china we have to remember is the largest taker of every raw material in the world. chinese buy suggest taking it higher. we break out above 75 and can go to 80 quickly. >> at the same time we have all been watching china this week as a leader to the u.s. markets. whatever they did, we tend to mirror that. there is concerns about china and the recovery and the pace going on. at the same time can you make the case that it is china and asia driving the surge in oil and at the same time we are fretting about whether they will continue at the pace. >> china will continue at the pace and we are more concerned about whether the stock market was a bubble and does beijing want to try to keep that from getting too hot? is the chinese economy going to be more ab
report to hit land based targets, could be a threat to india. the action may mean new tensions between the u.s. and pakistan over the weapons development and could trigger an arms race with india the u.s. tried to end and pakistan denies this accusation. well, presidents, family and friend gave a final farewell to senator ted kennedy at a two hour service at the bah celica of our lady of perpetual health in boston. one of the; is that right's sons, ted kennedy, jr. remembered his dad. >> he said, teddy, republicans love this country just as much as i do. and one of those wonderful experiences that i will remember today is how many of his republican colleagues are sitting here right before him. that's a true testament to the man. >> the senator's final resting place is at arlington national cemetery next to his brothers, robert and john f. kennedy. an autopsy of celebrity disc jockey dm. more tests are planned. remembering the last time he was heard from 1 a.m. on friday when he sent a text message to two budies planning a trip to legislation. he was found dead with a crack pipe and a h
but the setting is very different, it is divorce court and a giant dessert in india almost fills the wall in our hotshots when we come back, here in "the situation room." how easy it is to use legalzoom for important legal documents. at legalzoom, we'll help you incorporate your business, file a patent, make a will and more. you can complete our online questions in minutes. then we'll prepare your legal documents and deliver them directly to you. so start your business, protect your family, launch your dreams. at legalzoom.com we put the law on your side. >>> here's a look at hot shots, pictures likely to be in your hometown newspaper tomorrow. children go to school outside after fighting the swat valley destroys their school. in mexico, police officers stand guard as the media are briefed on the leader of a drug cartel. in england, a paddle board instructor and student take a ride down a river. and in india, just put the finishing touches on this giant 59-pound dessert. that's look at today's hot shots, a picture's worth 1,000 words. >>> we have to say it is inevitable. video of a very popular
, actually, i don't know if you can pick this up but a picture about people in india driving harleys. it speaks about this growth handoff. they eventually want to have -- if there's going to be an engine of growth it won't be in the united states because the consumer is having difficulty. it has to be the rest of the world. we hope as the rest of the world moves up the income rung they'll be buying more american-made products and global trade will pick up. >> and what's the running price of a harley there? like 1,000 bucks? the average salary of a person, a commuter, is $1,000. it would be difficult to afford the hog right now. >> in india and china, you have the motorbike, the dad in the front, baby on the lap, mom on the back with groceries and a chicken stuck on the back. really cool on the harley. >> they do look good. >> just a short time ago we didn't think anyone anywhere was going to buy nonessentials or an american-made product. people are and it's a good thing. >>> coming up this morning's top stories and also jim and tony take on them. plus, could a brawl be on the cars? t
of an impact on india where they consume huge amounts of sugar. in this country, first of all we pay twice the world price anyway because of the interference of the united states government. >> i love that. yeah, great. >> industrially, you know, processed foods, most of them switched over to high fructose corn syrup decades ago anyway. >> it's not you pouring sugar on those strawberries over there. >> that's minor. >> i love sugar. >> on the strawberries? >> major sugar person. there you go. i like splenda on my strawberries. >> spenda? >> i love it. tastes just like sugar. it's great. tastes just like sugar. >> i'll give eight shot. >> all right. >>> coming up, wild moves in a handful of stocks this week. following that trade, following the momentum plays and getting your money ready for the weekend. >>> and stay tuned to meet a small business owner who is beating the big boys at their own game. the owner of a local hardware store is seeing a boost in profits, even hiring in this economy. our small wonder series kicks off in just minutes. you're watching "squawk on the street." reading a
what is at the center of the multi-lateral system. g-7 is outdated, doesn't include china, india, and other bodies are also not as effective. and to see this coming meeting is loud to lapse is an issue. i hope in the next few weeks we jump-start this process. >> i would use your term to the bank of england directly. if you're going to be a player and regulator, you don't win, then if you're the referee and the player and you can't win, then you've got a real problem on your hands. certainly i think our fed has done a better job to say we are going to get out of qe first and use other facilities to keep the system working the best we can. >> mohammed a couple of quick crude market questions before we run out of time. back on july 28th, headlines ran that said, as you know, el-erian said stock rally won't continue with lack of revenue. el-erian selling into corporate bond equity rally. is that still happening? do you think markets have hit their high for the year? >> we position ourselves more cautiously. we think at these levels risk assets of pricing a lot of good news, not just
composite gained 1.7%. on top of 4 1/2% the day before. india's bombay sensex up 1 1/2%. guy johnson, what's happening in europe? >> mark, we are trading higher. i just want to point out that it is on staggeringly like volume. nobody is out there. just take a look at the clips going through the european market are incredibly light at the moment. so when you look at what you're seeing here on the screen, you've got to bear that in mind. i kind of want to walk you around europe and talk about the stories we're watching. in london, justice blackburn ruled today that english courts do not have the jurisdiction to force creditors of lehman europe to accept the wind-up for them. that's highly significant because pwc, pushing through that wind-up order, now says that it could take a decade town wind the assets of lehman europe. bear that in mind when you come up this anniversary which we're rapidly approaching of the lehman collapse. let's go over to germany where all the talk is about what happens with gm europe, opel. talk is this board meeting taking place today with gm. the indications are th
. clinton just a few weeks ago in india. and i asked her about the situation. and she said, well, the young women have already apologized. and we are very sorry this happened. so, the north koreans, in many ways, got exactly what they wanted here. they had a very prominent american coming over there. and bill clinton, of course, got exactly what he wanted. he returned with the young journalists, w i think are about to get off that plane. bill clinton had that emotional meeting with them yesterday. when they got on the plane, out of north korea, it was quite formal. president clinton shaking their hands and smiling. but again, a very emotional meeting when the young women first met president clinton over there. you can see them leaving north korea there, in the same plane that just arrived in burbank. >> i think you answered the question of many when they are wondering why was it former president bill clinton. and you said, the north koreans wanted a prominent american to be there. >> reporter: as bill richardson told us, the governor of new mexico, it is a dream come true forhe north korean
that this economy will be an economy that can compete with china and india and that this is about the beginning of the conclusion of all workers into that economy and all members that deserve to be uplifted. today is the sound of the smell as sweet justice. -- of sweet justice. [unintelligible] >> this campaign is not just a campaign, it is a coalition. there are a number of organizations that have signed on to us. it is not just the hip-hop caucus or green for all doing this. how we're going to do this? this is not a dream jobs moment, is a clean energy movement. for us, we have to convince our generation that this truly is our moment for the 21st century. we have to go out there and convince them that if we do not make a change now, nine years into the 21st century, there will not be a 22nd century. the time is now. we had joined together with the help of the administration and we know we can do that and change happens now. >> a couple of questions. we understand that greening is expensive p and. we will not see the economic benefits for decades. how can a community, african american communit
.8%. by the end of the day, the markets settled mostly lower. the hang seng just closing down inti 0.5%. the india sensex trading and for now in positive territory. nymex light sweet crude just off yesterday's high of 74. we're down by about 50 u.s. cents at $73.87. mike, let's take a look at how the futures are shaping up on this tuesday morning. good morning to you, mike. >> thanks, maura. good afternoon to you. and the price of oil was really a big reason why we saw the activity in the markets that we saw yesterday. as for this morning, it does not look like we're going to get much of a bernanke bounce here, as you can see. maybe the exact opposite could occur today of what happened yesterday when we had the dow ever so slightly higher and the nasdaq and the s&p 500 a tiny fraction lower. as equities relatively fell out of favor, we did see investors bid up the price of treasury notes. and this morning, we have the bund yield following even more. the yield on the benchmark ten-year t-note fell to .49% yesterday. and if we look at it now, it is ticking up just a little bit, but it's basically fl
Search Results 0 to 29 of about 30 (some duplicates have been removed)